Asia

Mohammad Yunus’ government clears its stand, India-funded projects will continue in Bangladesh

Dhaka: A top adviser to Bangladesh’s interim government said on Tuesday that projects funded by India are “very important” and will continue even under the new administration in the country. According to a report by state news agency BSS, Finance Adviser Salehuddin Ahmed said Bangladesh hopes to “increase cooperation” with India during his meeting with Indian High Commissioner Pranay Verma here.

‘Will continue projects’

Salehuddin Ahmed said, “Already, the projects they (India) have are big projects and we will continue them. Whatever (projects) we have, we will not stop it and we will discuss about the financing and implementation of those projects.”

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There was concern about the projects
This comment by the financial adviser of the interim government of Bangladesh comes amid concerns about the timely implementation of projects financed under India’s three loan facility assistance after the fall of the Sheikh Hasina-led Awami League government last month.

Projects are at different places in Bangladesh
Indian High Commissioner Verma said that New Delhi has not stopped any of its loan facilities to Bangladesh, as they are big projects. Verma said, “Those projects are ongoing and are basically very big projects and located in different places. So, the contractors will come back to start the projects.” In the meeting, both sides also discussed ways to enhance the existing bilateral economic cooperation.